Plan Ledger DOL Form 5500 · updated monthly

Humetis Group Inc.401(k)

HUMETIS GROUP INC. 401(K) PROFIT SHARING PLAN & TRUST · KINGSTON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.80%

Humetis Group Inc. reported $6,242 in plan administrative expenses for 2022: 0.80% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (2,247th of 2,419), and 4,161st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$851,755
Participants with balances45
Active participants194
Employer contributions—
Employee contributions$407,157
Employer contribution per active participant—
Average account balance$18,928
Benefits paid to participants$170,649
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,885
Investment management$357
Total administrative$6,242
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,242 · 0.80%
Similar plansWholesale Trade · New Jersey
Regent Cabinets, LLC NJ$1.2M · 1.63%
The Folsom Corporation NJ$954K · 0.12%
Proven Brands, Inc. NJ$680K · 2.33%
Rlpr, Inc. NJ$414K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841403208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.